Euro Rebounds as Safe Haven Bid Returns - Will US Data Disappoint?

                   
dailyfx.com     Jul 25, 2008            

Written by Boris Schlossberg, Senior Currency Strategist Talking Points • Japanese Yen: falls through 107.00 as equities dive • Euro: rebound above 1.5700 on safe haven flows • British Pound: GDP lower but in line with expectations • US Dollar: Durable Goods U of M on tap EURUSD stabilized and regained its footing in early European trade retaking the 1.5700 level after falling sharply yesterday. Yesterday’s horrid IFO results drove the pair to within 20 points of the 1.5600 figure in late North American trade, but the overnight weakness in global equities and rumors of central bank buying reversed the decline, as the unit continues to attract safe haven flows. The economic data in the EZ shows incontrovertible signs of a slowdown, but the news from the other side of the Atlantic is not much better. Yesterday’s US jobless... [read full story]                    

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Euro Open: Will IFO Push Euro Even Lower?

dailyfx.com     Jul 24, 2008          

Written by Ilya Spivak, Currency Analyst A deepening recession moved the Reserve Bank of New Zealand to cut interest rates for the first time since 2003, putting benchmark borrowing costs at 8.00%. The Kiwi dollar responded...                    

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Euro Open: Will IFO Push Euro Even Lower?

actionforex.com     Jul 24, 2008          

European trading promises volatility with a busy calendar in the day ahead. A slew of second-tier business confidence releases from the Euro-Zone's top three economies will culminate with July's edition of Germany's IFO Survey....                    

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Euro Open: Will IFO Push Euro Even Lower? (Daily FX)

yahoo.com     Jul 24, 2008          

A deepening recession moved the Reserve Bank of New Zealand to cut interest rates for the first time since 2003, putting benchmark borrowing costs at 8.00%. The Kiwi dollar responded sharply, dropping 82 pips in the first 10...                    

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Euro Tumbles Then Recovers as IFO Hits a 3 Year Low - No More Hikes From ECB?

dailyfx.com     Jul 24, 2008          

Written by Boris Schlossberg, Senior Currency Strategist The IFO survey of German consumer confidence fell to a three year low piercing through the psychologically key 100 figure as it printed at 97.5 versus forecasts of 100.1....                    

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Euro Tumbles Then Recovers as IFO Hits a 3 Year Low - No More Hikes From ECB? (Daily FX)

yahoo.com     Jul 24, 2008          

Thursday July 24, 5:32 am ET By Boris Schlossberg, Senior Currency Strategist strategist@dailyfx.com The IFO survey of German consumer confidence fell to a three year low piercing through the psychologically key 100 figure as...                    

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Euro Tumbles Then Recovers As IFO Hits A 3 Year Low - No More Hikes From ECB?

actionforex.com     Jul 24, 2008          

The IFO survey of German consumer confidence fell to a three year low piercing through the psychologically key 100 figure as it printed at 97.5 versus forecasts of 100.1. Sentiment has turned sharply lower as the German economy...                    

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Euro Extends Losses on Disappointing Data

dailyfx.com     Jul 25, 2008          

Written by Kathy Lien, Chief Strategist The Euro continued to sell-off against the US dollar as incoming data tests the rigidness of the European Central Bank. Since the last ECB meeting, monetary policy officials have been...                    

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Euro Rebounds As Safe Haven Bid Returns - Will US Data Disappoint?

actionforex.com     Jul 25, 2008          

EURUSD stabilized and regained its footing in early European trade retaking the 1.5700 level after falling sharply yesterday. Yesterday’s horrid IFO results drove the pair to within 20 points of the 1.5600 figure in late North...                    

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Euro Rebounds as Safe Haven Bid Returns - Will US Data Disappoint? (Daily FX)

yahoo.com     Jul 25, 2008          

Friday July 25, 6:10 am ET By Boris Schlossberg, Senior Currency Strategist strategist@dailyfx.com Talking Points • Japanese Yen: falls through 107.00 as equities dive • Euro: rebound above 1.5700 on safe haven flows • British...                    

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